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Chuck Jaffe: Unsecured bond holders have reason to be insecure

0 Comments Published January 30th, 2010 in News.

It was the worst-case scenario when I made STEN’s notes the Stupid Investment of the Week in 2007. Let’s revisit the STEN notes, with an eye toward what investors can do when they get left holding the bag after a horrendous investment mistake.

Find more subprime information from Google

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« David Callaway: Book review: A different look at the credit crisis
Credit Markets: A small rise in mortgage rates seen after Fed done »
This blog discusses subprime mortgage problems. Subprime problems began when lenders offered loans to potential home owners with bad credit or credit / income that did not meet the standards of traditional lending. Subprime mortgages for people with bad credit or no credit face an uncertain future. Once the hope of many to enter into home ownership has now been corrupted both by overreaching consumers and predatory lenders. I hope to follow the aftermath of this crisis.

Mortgage Lender Implode-o-Meter






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